Oracle 1Z0-1055-23 exam dumps : Oracle Financials Cloud: Payables 2023 Implementation Professional

  • Exam Code: 1Z0-1055-23
  • Exam Name: Oracle Financials Cloud: Payables 2023 Implementation Professional
  • Updated: Jul 16, 2026     Q & A: 143 Questions and Answers

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Oracle 1Z0-1055-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Invoices25%- Enter imported invoices
- Define matching options
- Create one-time suppliers
- Create and validate invoices
- Create and manage invoices
- Process invoice approvals
Topic 2: Suppliers and Supplier Sites15%- Create and manage supplier sites
- Define supplier classifications
- Create and maintain suppliers
Topic 3: Payables Options and Security15%- Define validation and tax controls
- Implement security
- Define Payables Options
Topic 4: Accounting and Reporting25%- Review journal entries and account analysis
- Configure accounting and chart of accounts
- Generate Payables reports
- Create accounting for invoices and payments
Topic 5: Payments20%- Define payment terms and payment formats
- Set up payment documents
- Process manual and automatic payments
- Process payment files and reports

Oracle Financials Cloud: Payables 2023 Implementation Professional Sample Questions:

1. Which is the Payables tool based on real-time data?

A) Essbase Cube
B) Smart View
C) Oracle Business Intelligence Applications (OBIA)
D) Oracle Financial Reporting (FR)
E) Oracle Transactional Business Intelligence (OTBI)


2. During an expense audit the auditor marks an expense item that is missing a receipt to be Short Paid. They choose to complete the audit and warn the user.
Given that the Expense Report Audit Approval is set to After Manager Approval, what two are valid results of the auditor action?

A) Approved part of the expense report is not eligible for expense reimbursement.
B) New expense report containing disallowed expense items is immediately created.
C) The approved part of the expense report is eligible for expense reimbursement.
D) New expense report containing disallowed expense items is not created until manager approves the short payment.


3. You need to enter a high volume of users into the system. What is Oracle's recommendation to do this?

A) Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Cloud Applications.
B) use the spreadsheet of Oracle Identity Manager (OIM) to import users.
C) Use the Enter a Supplier user interface and enter each user manually.
D) Use the Hire an Employee user interface and enter each user manually.


4. What is the name of the Work Area that is used to access Functional Setup Manager?

A) Setup and Maintenance
B) Functional Setup Manager
C) Customize Setup and Maintenance
D) Functional Work Area
E) Customization Manager


5. What is the recommendation when setting up Reconciliation Rule Sets?

A) One to One rules should be sequenced below rules of other types.
B) One to One rules should be sequenced above rules of other types.
C) Many to Many rules should always be used last in the sequence.
D) Many to Many rules should always be used first in the sequence.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A,B
Question # 3
Answer: C
Question # 4
Answer: E
Question # 5
Answer: C

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